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Auto supplier Magna uniquely positioned to benefit from electric trucks

Creation is now set to commence at the previous Detroit-Hamtramck assembly plant, much less than two years just after GM introduced the substantial $2.2 billion investment decision to completely renovate the facility to establish a variety of all-electric trucks and SUVs.

Picture by Jeffrey Sauger for Typical Motors

DETROIT – If electrical pickup trucks from the Detroit automakers acquire off, vehicle provider Magna Worldwide is in a one of a kind situation to benefit from making a crucial element of the automobiles.